January 15, 2024/Cordros Update Nigeria’s headline inflation grew stronger by 72bps to 28.92% y/y in December (November: 28.20% y/y). The outturn is 90bps and 32bps higher than Cordros’ (28.02% y/y) and Bloomberg’s median consensus (28.60% y/y) estimates, respectively. Similarly, on a month-on-month basis, headline inflation rose by 20bps to 2.29% […]
Updates
Inflation Report – December 2023
January 15, 2024/Coronation Research The NBS has released its December inflation report to show Headline rate 28.92% y/y (28.20% in November); Core rate 23.06% y/y (22.38%); and Food rate 33.93% y/y (32.84%). December headline inflation increased by +72bps (when compared with the previous month) to 28.92% y/y. The uptick […]
Aramco Digital and Intel Aim to Forge Collaboration to Establish Saudi Arabia’s First Open RAN Development Center
January 15, 2024/Aetoswire Aramco Digital and Intel announced their intent to establish Saudi Arabia’s inaugural Open RAN (Radio Access Network) Development Center. The facility is expected to drive innovation, foster technological advancements and contribute to the digital transformation landscape in the Kingdom. The collaborative effort aims to accelerate the development […]
